Principal LifeTime Hybrid 2050 R6 (PLJTX)
| Fund Assets | 577.38M |
| Expense Ratio | 0.39% |
| Min. Investment | $0.00 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 2.80% |
| Dividend Growth | 21.48% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 18.27 |
| YTD Return | 14.87% |
| 1-Year Return | 17.94% |
| 5-Year Return | 77.68% |
| 52-Week Low | 13.94 |
| 52-Week High | 18.31 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Aug 24, 2015 |
About PLJTX
The Principal LifeTime Hybrid 2050 Fund R-6 is a target-date mutual fund designed for investors planning to retire around the year 2050. Its primary function is to provide a total return that balances long-term capital growth with current income, adjusting its investment mix as the target date approaches. The fund invests in a diversified portfolio of underlying Principal Funds, including domestic and international equities, real assets, alternative investments, and fixed income instruments, with a significant portion allocated to index funds. As a fund of funds, it automatically shifts from higher-growth assets to more conservative allocations over time, aligning with the changing risk tolerance of investors as they near retirement. This glide path continues to evolve up to 10 years beyond the target year, supporting a gradual withdrawal strategy. With a focus on risk-adjusted returns and broad diversification, the Principal LifeTime Hybrid 2050 Fund R-6 plays a key role in retirement planning, offering a streamlined solution for investors seeking professional portfolio management throughout their investment lifecycle. The fund is managed by Principal Global Investors and falls within the Target-Date 2050 Morningstar category.
Performance
PLJTX had a total return of 17.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.12%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Large Cap S&P 500 Index Inst | PLFIX | 54.65% |
| Principal International Equity R-6 | PIIDX | 24.98% |
| Principal MidCap S&P 400 Index R6 | PMAPX | 4.92% |
| Principal SmallCap S&P 600 Index R6 | PSPIX | 4.33% |
| Principal Bond Market Index Instl | PNIIX | 3.83% |
| Principal Glb Emerging Markets R6 | PIIMX | 2.75% |
| Principal Real Estate Securities Fd R6 | PFRSX | 2.06% |
| Principal International Small Company R6 | PFISX | 1.32% |
| Principal High Yield R-6 | PHYFX | 1.14% |
| CASH & RECEIVABLES | n/a | 0.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3102 | Dec 31, 2024 |
| Dec 19, 2024 | $0.1999 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2624 | Dec 29, 2023 |
| Dec 20, 2023 | $0.1575 | Dec 20, 2023 |
| Dec 30, 2022 | $0.182 | Dec 30, 2022 |
| Dec 20, 2022 | $0.9713 | Dec 20, 2022 |